Under that scenario, Social Security, health care, and interest will be responsible for 77 percent
of nominal spending growth.
These three categories are responsible for 83 percent
of nominal spending growth over the next decade and 150 percent of spending growth as a share of GDP (with other budget categories shrinking).
Not exact matches
A Franco - German deal to maintain the
nominal level
of farm
spending served as the basis for agreement on the last long - term EU budget for 2007 - 2013.
That could mean moving P2P functionality into more profitable environments, leveraging existing networks
of friends to encourage
spending, or offering value - added services at a
nominal fee.
You see, according to these «economic theorists», when the unemployed and / or lower - income populace receive various types
of funds from the government, they
spend these funds, thus increasing
nominal aggregate
spending in the economy.
Under another special circumstance (other than an increase in velocity
of money) transfer payments can result in a net increase in
nominal aggregate
spending.
The way this is done is by holding
nominal spending constant: its share
of GDP declines as GDP increases:
I think we will get some version
of the so - called penny plan to reduce
spending as well (penny plan = hold flat
nominal discretionary
spending, or reduce it or 1 % each year until the budget is balanced).
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit
spending (I think we're already out
of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting
spending in a weak economy to balance the budget in light
of a revenue shortfall stemming from lower than expected
nominal GDP.
Even if part
of this decline was driven by a heightened liquidity premium the implication is the same: it indicates an increased demand for highly liquid and safe assets which, in turn, implies less aggregate
nominal spending.
That alternative, which Market Monetarists like David Beckworth, Lars Christensen, and Scott Sumner have been pushing ever since the Great Recession started, is for the FOMC to keep its collective eye, not on the inflation rate, but on the level and growth rate
of nominal GNP — a measure
of the flow
of spending on goods and services in the economy.
Well, I would like to posit that it is at least tangentially related in that from what I remember from the early days
of the Reagan Administration, he cut a deal with Congress on
spending that would have had
nominal growth but real cuts based on then projected inflation.
The March quarter ABS capital expenditure (Capex) survey suggests growth
of around 6 1/2 per cent in
nominal business investment
spending in 2003/04, with this growth skewed towards the buildings and structures component.
The lack
of growth in
nominal incomes and
spending in the economy, in turn, makes it difficult for businesses and banks to improve their balance sheets and is reinforcing the reluctance
of Japanese banks to lend.
Retail
spending is forecast to rise 3.6 per cent in
nominal terms - in line with 2017, but well below the 20 - year average
of 5.3 per cent.
It is thought that Liverpool may consider paying a
nominal fee
of around # 2 - 3m to seal the deal to bring back a player who
spent a season at the club in 2006/07, helping Rafa Benitez's side to a Champions League Final berth.
Edin Dzeko, Roma's
nominal counter weight to Garcia's wingers,
spends an inordinate amount
of time away from the goal, pushed far and wide from the face
of goal, resulting in a complete and utter lack
of threat inside the penalty area.
Mahamudu Bawumia's claim that the governing National Democratic Congress (NDC) has since 2009 amassed and
spent 12 times the
nominal resources that the NPP had over its eight years
of leadership is «cleverly exaggerated», policy think tank IMANI has said in its commentary on the opposition New Patriotic Party's vice presidential nominee's lecture he delivered on Thursday September 8 at the National Theatre.
And Mayor Byron W. Brown, running for re-election with only
nominal competition in the general election, was suddenly back on television,
spending a total
of $ 106,500 in little more than two weeks on ads, campaign literature and a get - out - the - vote effort for himself and his fellow Democrats running for countywide office.
Many MPs maintained a
nominal «main home» in their distant constituencies, where they
spent little time, and then claimed hundreds
of thousands
of pounds to support a metropolitan lifestyle.
none
Spends millionaire dating sites free youth court
nominal divorce hearing upon the plaintiff any rights that they may have thought
of her taking home a lot
of money in the process
of confronting.
Don't worry if you have «two left feet» - I
spent six years training at the Gangnam - Style School
of Dance, and can teach you how to do the hokey pokey for a
nominal fee
Although there will be similar growth in
nominal spending to that in the last Parliament, resources will shrink because
of rising costs and increasing pupil numbers, it says.
Nominal GDP may be recovering, but about 10 %
of that still represents deficit
spending.
President - elect Donald Trump's victory in the Nov. 8, 2016 election caused a reflation theme to emerge; the incoming administration's proposed infrastructure
spending and tax reductions resulted in expectations
of increased inflation and an upward shift in the anticipated path
of nominal interest rates.
Keep in mind that the fees you will pay are based on the amount you borrow, but they are
nominal in terms
of dollars
spent, although the interest rate might appear high, on an annual basis.
The velocity
of money can be calculated as the ratio
of nominal gross domestic product (GDP) to the money supply (V = PQ / M), which can be used to gauge the economy's strength or people's willingness to
spend money.
In particular, I really appreciate being able to take the speed boat directly from downtown San Pedro to Chetumal. It only takes 1  1/2 hours and is about $ 60 US roundtrip. The time
spent in immigration and baggage checks is
nominal, as compared to stopping at the border. When you arrive at the dock in Chetumal, there is a dedicated group
of Mexican agents there and things move pretty quickly.
The Venture card has no annual fee the first year and then $ 59 after that, in comparison to the reward rate
of 2x miles per dollar
spent, this is a
nominal amount compared to travel rewards cards with a comparable rate
of reward earning that charge a much higher annual fee.
From a logistic and financial point
of view, I argued that unless they
spend a great deal
of money, the rate
of return on their investment would be
nominal.
Nominal spending activity on private residential construction has expanded in 13
of the last 14 months, putting it nearly 21 % above September 2011 and at its highest dollar value since the end
of 2008.
The
nominal dollar level
of spending has now reached its highest point since late 2008 and the average from the last three months is 32 % above the cyclical low.
Spending has climbed more than 29 % above its
nominal level
of a year ago and stands 57 % higher compared to the trough in mid-2009.
Moreover, since bottoming out during the second quarter
of 2009, the
nominal dollar value
of spending on new single - family homes has increased 40 percent.
Spending has climbed more than 29 percent above its
nominal level
of a year ago and stands 57 percent higher compared to the trough in mid-2009.